MOSCOW (MRC) -- Iran is reportedly planning to commission three new petrochemical plants by March 2016 at Mahabad, Kordestan and Lorest, as per Plastemart.
These facilities are located along the West Ethylene Pipeline in West Azerbaijan, Kordestan and Lorestan provinces, as per energy-business-review.com. The projects are expected to increase Iran's low and high density polyethylene production by around 900,000 tons.
"The necessary feedstock for these petrochemical plants will be supplied by various phases of South Pars gas field and there will be no problem in this regard," National Petrochemical official Shahedaei added.
As MRC reported earlier, Iran, as one of the main energy hubs in the world, with huge oil and gas reserves, is one of the leading producers of petrochemical products in the world.
In 2006, the total consumption of different polymer products was 202 million metric tons and it is estimated this figure reach to 316 million metric ton by 2016. This means only countries with huge feeding materials can be successful on raising production level, and gladly Iran is among one of those countries.
Currently number of active Iranian Petrochemical complexes are 53, with total production capacity of 59 million metric ton, producing range of polymers, chemicals, aromatics & liquid gas, located mainly at Iranian south region, next to Persian Gulf, called Assaluyeh and Mahshahr Special Economic Zones.
At the moment, there are 67 developments projects in the country which are under construction, adding 61 million metric ton on total production and estimated to fully run till 2018.
MRC